As part of the Paycheck Protection Program PRECISE SYSTEMS INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PRECISE SYSTEMS INC


Loan Amount	$6,694,600
BusinessName	PRECISE SYSTEMS INC
Address	22290 Exploration Dr
City	LEXINGTON PARK
State	MD
Zip	20653
NAICSCode	541990
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	470
DateApproved	04/10/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	MD-05
BusinessName.clean	PRECISE SYSTEMS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PRECISE TOOL AMP MANUFACTURING
PRECISION STEEL SERVICES
PRECISION 2000
PRECISION AEROSPACE
PRECISION AEROSPACE PRODUCTS